Summary
Cigna Group (CI) issued an 8-K filing on December 27, 2021, primarily to reaffirm its financial outlook for both 2021 and 2022. The company anticipates full-year 2021 consolidated adjusted income from operations to be at least $20.35 per share. Looking ahead to 2022, Cigna projects a growth of at least 10% in consolidated adjusted income from operations on a per-share basis compared to 2021. These projections were previously communicated in a press release and investor presentation on November 4, 2021. The filing also includes a standard discussion of forward-looking statements and potential risks and uncertainties that could impact actual results, emphasizing that these statements are based on current expectations and are subject to change. Investors should note that "adjusted income from operations" is a non-GAAP measure used by management to assess underlying business performance.
Key Highlights
- 1Reaffirms 2021 projected full-year consolidated adjusted income from operations of at least $20.35 per share.
- 2Projects at least 10% year-over-year growth in consolidated adjusted income from operations per share for full year 2022.
- 3Guidance previously shared in November 4, 2021 press release and investor presentation.
- 4Information presented as part of ongoing investor and analyst meetings.
- 5Provides detailed discussion on risks and uncertainties affecting forward-looking statements.
- 6Defines 'Adjusted income from operations' as a non-GAAP profitability measure excluding certain items like investment gains/losses and special items.